Sachin Pukale, Manager of Business Development, presented on the challenges and applications of industrial IoT. Some key applications discussed include advanced analytics using data from sensors to monitor things like equipment performance, remote monitoring and control, and predictive maintenance. IoT can provide benefits like reduced costs, increased productivity, optimized operations, and new revenue streams from digital products and services. An example was given of an Indian solar plant that achieved 4% extra revenue and 20% lower operating expenses through IoT monitoring solutions.